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Do HSBC permit their mortgage customers to have lodgers?
Hi all, My fixed rate deal is about to come to an end at the end of June, and I would like to apply for an HSBC tracker. I just spoke with someone over the phone who will create quotes and post them out to me, but I had a specific question that she was uncertain of the answer to. I asked her if HSBC would allow me to have…
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Northern Rock
OK, our application is in. Any recent experiences.. how long are they taking at the moment?
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Low LTV mortgage app, chances?
Hello all, a bit of advice needed. Currently have a bad credit score due to my own actions, a bit lazy making payments so a few late but now set up as direct debit and up to date as of March (credit report still showing as behind though, which i think is the problem???). Also reduced credit debt from around £4k to under…
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Late payments - how do credit checks treat these if you settle the account?
I have 4 late payments on my credit report for a catalogue. 3 show as '1' in 2006 and the final one shows as '2' in 2007. I stupidly closed the account in early 08 (not understanding credit reports) so on my credit report it shows 2006, 2007 and 2008. I now know that if I'd kept it open the 2006 late marks would be…
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Has anyone had any experience of this company?
Please see the link below. Does it sound too good to be true and as dodgy as?? http://www.firsttimebuyerlink.co.uk/
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Getting a mortgage advice (partner has mortgage with ex)
Just been having a read through this particular board; some fantastic advice so I thought I'd throw a question out that has been worrying me for a while. My partner and I currently rent (we are both employed). She is in the process of getting a divorce with her ex. They both have a mortgage on a one bedroomed property that…
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How much can we borrow?
Have a house worth between £260-300k. Income is as follows, £21,500 guaranteed income for hubby plus historically last 3 years extra £3000 overtime/callouts, My salary £15600 part time -both employed plus £1500 in child benefit per year. Current mortgage is £122000 want to increase to £148k to consolidate all our debt. Is…
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Accord Mortgages
Our IFA has recomended an Accord Product for our mortgage. We don't know very much about them and was wondering what they were like in terms time taken to proces applications and reach a decision. I've looked at their website for intermediaries and it states: Average time to offer fully presented applications (8 day…
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Endowment returns.
Suppose you were recommended to take out a 25 year savings endowment with a £25 per month premium. If you cashed it in after about 15 years and got £3,500 back, would you be happy with the advice you had been given?
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is there a minimum time in employment for getting a mortgage
Hi I am coming back from Aus to the UK (i'm english) and have a job lined up and was hoping to get a mortgage within a few months of being back. Do mortgage companies have a minimum time they would like someone to be in a job before they lend money based on the salary, and if so, what is the general min employment time…
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Consent to let – Santander
My mortgage was taken out with Abbey (Santander) 18 months ago for a 3 year fixed term. I may want to rent my house out in about 6 months time. I know I have to approach them about consent to let, but I wondered if anyone knew what approach they tend to take? I have ploughed through the T&C, but all it says is it’s at…
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Surveyor declined mortgage - can I appeal?
Hi. Yesterday I paid a £250 fee to arrange a buy-to-let mortgage with Covenrty Building Society. Today I hear from my mortgage advisor that a surveyor had been 'round today to value the property on behalf of the building society. The building was all ok, but then he instructed the lender to refuse the mortgage because its…
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Bad Credit Joint Mortgage
Hello all, My fiancee and I would like to get a joint mortgage sometime next year. She has an good/excellent credit rating, whereas I do not; I have a couple of defaults on my credit report plus some late payments. The defaults will hopefully clear in December 2012, but we'd rather not wait that long. I will be a fully…
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What chance have I got
What are the chances i have of being able to borrow 4 times my income.i have a perfect credit history and will have 25% plus the deposit.But will i find a lender to lend to me or is 4 time income asking too much in the current climate .
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90% LTV mortgage + low credit rating - Halifax?
I have spoken to a financial advisor today re options as a first time buyer. I have used experian to check my own credit rating previously and this showed a score of perfect, however, had an agreement in principle declined on a 95% ltv mortgage with skipton. In terms of credit, I have never defaulted etc, though have never…
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Fixed term coming to an end...options?
Hi. My fixed term is coming to an end. I got a letter from santander saying i will be going onto a tracker rate (1.49%) Is this wise? I WAS paying £642 per month, which was 5yrs fixed at 5.25% over 35yrs - Now this is now finishing. Santander has told me i will be paying £419 per month...of course i will be saving £220…
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Mailorder/catalogue arrears - lenders to avoid/prefer?
Can anyone advise of any mortgage lenders that will not be too harsh on late catalogue payments? We are looking at applying for a mortgage in the next couple of months. We've had quite a bit of credit/loans over the past few years but always paid on time and we are finally about to pay it off in full. But I stupidly had 4…
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Early repayment - help
I would normally go to my father for advice on this but he is very ill. My house has a mortgate £118k got 2yrs left on fixed rate at £600pm and think rate is 6.69%, rung halifax earlier to enquire about options as having a baby and gonna struggle a bit..... They werent overly helpful but what is did find out was to get out…
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FTB mortgage help
My partner and I have just found out we are expecting a baby at the end of the year. We both work for the nhs him full time and myself part time. We are looking at properties for £140000 with a deposit of £30000 so needing a mortgage for £110000. The only issue is that i have £10000 of debt on credit cards which I have…
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Btl
I want to re-mortgage my BTL property as the deal has ended. Unfortunatley the majority of lenders will only lend on BTL if you have a min of £25k salary. I have not, but joint with my partner is around £37k. The mortgage/deeds are in my sole name. I would now like to add my partner to the deeds so we can then take on a…
